Bitcoin Price Still At Risk of Major Downside Break Below $60K

Dogecoin Price Key Highlights. Dogecoin price stayed in a range, but it looks like the price might head lower in the near term. Sellers are making an attempt to break the range low, if it is cleared more losses are likely. 0 Satoshis is a major support area, which must hold if buyers have to prevent the downside. Dogecoin price is at risk of a break lower, as buyers seem to be struggling to prevent the downside. Downside Break. The Dogecoin price stayed in a range throughout this past week, which prevented moves in one particular direction. However, it looks like sellers might be able to....

Ethereum price weakened this past week versus the US dollar, and currently waiting for ETH/USD buyers to step in for a recovery. Key Highlights. Ethereum price traded lower against the US Dollar this past week, but remained above a major support. There is a crucial bullish trend line formed on the 4-hours chart of ETH/USD (data feed via SimpleFX), which is acting as a support area. As long as the price is above the trend line support, there is a chance of an upside move. Ethereum Price Correction. Ethereum price ETH was seen struggling throughout this past week against the US Dollar and....

Rubycoin Price Key Highlights. Rubycoin price continues to struggle to clear a major resistance and swing area of 0.000309BTC. There is a chance of a double top pattern forming around the mentioned area in the short term. The only hope for buyers is a bullish trend line and support area formed on the hourly chart. Rubycoin price is at a risk of a downside move if the trend line breaks, as there is a chance of a double top pattern forming. Trend Line Break? The Rubycoin price failed twice to break a major swing level of 0.000309BTC, which increases the risk of a double top pattern on the....

Ethereum spiked towards $3,300 but failed to extend gains against the US Dollar. ETH price is correcting gains and there is a risk of a move below $3,030. Ethereum started a downside correction after it spiked above the $3,270 level. The price is now trading below $3,100 and the 100 hourly simple moving average. There was a break below a major bullish trend line with support near $3,140 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above $3,030 and $3,020 to avoid a downside break in the near term. Ethereum Price Remains At Risk Ethereum extended increase above....

Ethereum price managed to stay in a positive zone against the US Dollar, and it looks like we can witness a break in ETH/USD moving ahead. Key Highlights. ETH price remained above a major support area versus the US Dollar and currently positioning for a break. Yesterday’s highlighted bearish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD is still in play and may provide us the next break. On the downside, the $11.45-50 support holds the key and must prevent a downside move. Ethereum Price Support. Ethereum price ETH yesterday managed to hold the ground versus the US....